2307 Linden AveSouth BendIN46628
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in South Bend at 2307 Linden Ave, South Bend, IN, 46628 uses $41,438 cash to close to unlock $2,358/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $947/mo, and a $612/mo payment keeps the spread at $196/mo. Purchase price stands at $125,000, and rental yield measures 9.09% with $947/mo rent. Return on cash invested shows 25.6% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 133.17% and total cumulative return in cash records $55,181. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $947/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1897
3,484 sqft lot
$N/A/sqft
No HOA
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Listed by: Ezequias A Calleros • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523868
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